What Is The Peak Hour For Electricity Usage?

What are the regulations regarding the “Time of day” based electricity pricing system in Vietnam? In Vietnam, the peak hours for electricity pricing, when rates are typically higher, are as follows:

1. From 04:00 AM to 10:00 PM, spanning 18 hours.
2. A shorter peak period from 09:30 AM to 11:30 AM, lasting for two hours.
3. Another peak period from 05:00 PM to 08:00 PM, lasting for three hours.

These timeframes, which were in effect as of May 12, 2023, are essential for consumers to be aware of to better manage their electricity consumption and costs.

“What is the most cost-effective time to use electricity? The most economical electricity rates are typically available during off-peak hours, which occur when there is reduced demand for electricity. For instance, on the East Coast, during the summer months, off-peak hours typically fall between 6 pm and 2 am. During this time, temperatures are cooler, and fewer people require electricity for air conditioning, resulting in a decrease in overall electricity demand. This decrease in demand leads to lower electricity prices. As of September 26, 2023.”